Monkey Business Images / Shutterstock.com Deciding when to file for Social Security benefits can be daunting. Some choose to file early, while others believe it is a better bet to wait. However, a recent analysis says the choice is relatively easy: More than 90% of older workers should file for benefits at age 70, according […]
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Social Security Disability Insurance (SSDI) benefits help millions of disabled Americans keep a roof over their head and food on the table. Unfortunately, SSDI payments don’t magically show up in your bank account. SSDI recipients generally must wait five months to get their first SSDI payment, according to the Social Security Administration (SSA). Payments begin
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Welcome to the Weekly Scan. Here’s what we’re following for the week of April 20, 2023. Cutting carbon and prices. For the sixth time this year, Tesla is cutting prices for Model Y and Model 3 cars in the U.S. The electric car maker announced the decision ahead of its Q1 earnings report. The price
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Jae Bratton writes for NerdWallet. Email: jbratton@nerdwallet.com. The article How to Redeem Credit Card Rewards originally appeared on NerdWallet.
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A strong credit history plays a crucial role in achieving financial goals, from securing a mortgage to getting approved for a personal loan. Understanding how the length of credit history affects your credit score can… The post How Length of Credit History Affects Your Credit Score appeared first on Crediful. https://www.crediful.com/length-of-credit-history/ #financialfreedom #money #entrepreneur #business
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When you open a new brokerage account, there’s a good chance they asked you for your risk tolerance. Are you aggressive? Are you conservative? Can you stomach a loss of 10%? 20%? 50%? I believe these are stupid questions because they focus on the wrong things. And I have to believe that brokerages know this!
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SeventyFour / Shutterstock.com The vast majority of Americans 65 and older get their medical coverage through Medicare, the federal retirement health insurance program. However, as we have explained, Medicare does not pay for all your health care expenses during your golden years. Some retirees are surprised by the amount of out-of-pocket costs they accumulate despite
Which Type of Medicare Costs Retirees More in the Long Run? Read More »
A personal loan is a type of loan that allows flexible use, short- to moderate-term repayment options and relatively quick funding. Whether you’re trying to consolidate high interest debt, start a business or pay an expensive medical bill, a personal loan can help you accomplish your goal. But a personal loan can be expensive compared
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When most people hear the phrase “six figures,” they immediately think of a huge salary. After all, six-figure incomes are often associated with high-powered jobs in the business world or top-tier professionals like doctors and lawyers. And do you know 18% of American individuals are six-figure earners, according to Zippia? That’s a lot of money
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Investing in the Dow Jones Industrial Average (DJIA) The Dow Jones Industrial Average (DJIA) is a stock market index that measures the performance of 30 large, publicly-owned companies listed on the New York Stock Exchange (NYSE) and the NASDAQ. While you can’t invest directly into it, investing in the DJIA can be done through exchange-traded
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Looking for a hands-on way to teach your kid the basics of saving and budgeting? PNC Bank’s S Is for Savings Account combines a simple, age-appropriate interface with some of the best educational features in the industry to reinforce key money management concepts. Is your child ready? The post PNC Bank S Is for Savings
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Kurt Woock writes for NerdWallet. Email: kwoock@nerdwallet.com. The article Should I Buy an Electric Car? originally appeared on NerdWallet.
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There are key formulas small-business owners should know for keeping track of cash inflows and outflows. These formulas help ensure you have enough cash not only to survive, but also to grow and expand. Lenders and investors also look at these metrics to assess the health of your business. In this article, we’ll give you
Cash Flow Formula: Definition, Types, and Importance For Business (2023) Read More »
Identity theft is on the rise, with 1.4 million fraud reports filed in 2021. If your identity is stolen, you could suffer long-term damage to your credit score in addition to losing substantial funds. How… The post What Can Someone Do with Your Social Security Number? appeared first on Crediful. https://www.crediful.com/what-can-someone-do-with-your-social-security-number/ #financialfreedom #money #entrepreneur #business
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Pheelings media / Shutterstock.com Getting your FICO score for free is now easier than ever before. To celebrate Financial Literacy Month this April, FICO has announced that consumers can now access their FICO Score 8 for free at the myFICO website. For more than a decade, FICO has made scores available to eligible consumers for
A New Way to Get Your Credit Score for Free — Straight From FICO Read More »
If you get a notification that your credit card payment is late, you may encounter a late fee―but you’re not doomed to get an automatic credit hit. You can reduce the impact of a late credit card payment by paying immediately; in some cases, you could even have the late fee waived. Read on to
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Being disciplined about your money can be extremely difficult. So I put together some of the best ways to achieve being more disciplined with your money.Being disciplined about your money can be extremely difficult. So I put together some of the best ways to achieve being more disciplined with your money. The post How To
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If you’re a business owner looking to sell your business, you may be wondering, “Should I use a broker to sell my business?” After all, why pay a commission when you can just find a buyer yourself? While it’s true that you could sell your business on your own, there are several good reasons to
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Diversification is an investment strategy that spreads the holdings in your investment portfolio across different asset classes to reduce overall risk. In other words, diversification follows the old adage “don’t put all your eggs in one basket.” If you drop the basket, you risk losing all of your eggs at once. Putting all of your
What Is Diversification? A Guide to Protecting Your Portfolio Read More »
Dalia Ramirez writes for NerdWallet. Email: dramirez@nerdwallet.com. The article What Is the Social Security Disability 5-Year Rule? originally appeared on NerdWallet.
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